Stockchase Opinions

Terry Shaunessy iShares Global Balanced Income ETFCBD.TOBUYMay 15, 2018

An ETF for a retiree? It's tricky to pick one. If just one, take a conservative ETF, like iShares's CBD-T's balanced portfolio (50% bonds, 50% stocks). iShares is a good product. 1.87% MER.

$21.80

Stock price when the opinion was issued

$20.92

As of Dec 19, 2018. Market Open.

E.T.F.'s
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STRONG BUY

A large holding for him. Great revenue growth at 20%. Durable. The Waymo self-driving car unit is potentially the next big thing for Google. Trading at 25x PE .

BUY

A portfolio in a box. For a smaller client. He is not wildly enthusiastic because he does not like all-comprehensive ETFs. The yield is pretty good.

BUY
Global Balanced Income ETF. Holds several ETFs in a single ETF fund. This is a good idea. Fees are a little bit high. Good product for the smaller investor, especially those having difficulty deciding which ETF.
COMMENT
Global Balanced Income ETF. Does he like the regular rebalancing of the asset allocations? Thinks this is one of those managed core portfolio things, not a straight bond ETF. Think the MER's are getting up around the 75 basis points. Doesn't particularly like these but nothing particularly wrong with them.